“Our goal is to provide customers with the most insightful, efficient, and accurate resources to enhance their daily workflow experience,” said Mike Swenson, Executive Editor in the Tax & Accounting business of Thomson Reuters. “The Federal Depreciation Handbook is an all-in-one resource for quick reference and in-depth coverage of depreciation and other cost recovery tax issues.”

“The accompanying calculator performs fast, easy depreciation calculations for tax planning or for determining the most appropriate depreciation elections when an asset is placed into service.”

Additionally, there are hyperlinks to and from the book, calculator, primary law, and other tax research products on Checkpoint.

The Depreciation Calculator enables users to:

Quickly and easily calculate federal tax depreciation.

Identify the most appropriate depreciation elections when an asset is placed in service.

Generate a printable and savable depreciation schedule for the life of an asset.